Summary
CRH plc disclosed on March 18, 2008, that it completed a share repurchase transaction on March 17, 2008. Through its agent, UBS Limited, the company bought back 285,000 ordinary shares of EUR0.32 each. The purchase prices ranged from EUR22.371 to EUR22.80 per share. These repurchased shares are designated to be held as Treasury Shares. Following this transaction, CRH plc now holds a total of 7,388,297 ordinary shares in Treasury. The number of outstanding ordinary shares, excluding those held in Treasury, is 539,838,897. This action indicates the company's ongoing share buyback program and its strategy regarding capital allocation.
Key Highlights
- 1CRH plc repurchased 285,000 ordinary shares on March 17, 2008.
- 2The share repurchase was executed by UBS Limited on behalf of CRH plc.
- 3The purchase prices for the ordinary shares ranged between EUR22.371 and EUR22.80.
- 4The repurchased shares will be held as Treasury Shares.
- 5CRH plc's total holdings in Treasury Shares now amount to 7,388,297.
- 6The number of outstanding ordinary shares, excluding Treasury Shares, is 539,838,897.
Frequently Asked Questions
This Form 6-K filing reports a transaction in its own shares by CRH plc, specifically detailing a recent share repurchase program.
CRH plc repurchased 285,000 ordinary shares at prices ranging from EUR22.371 to EUR22.80 per share.
The purchased shares will be held by CRH plc as Treasury Shares.
Following this transaction, CRH plc holds 7,388,297 ordinary shares in Treasury.